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Company overview

– Domiciliary care provider offering homecare, palliative and dementia care, hospital discharge support, Roving Night and Extra Care schemes

– Care provided to elderly clients and people with dementia, plus adults with mental health problems and learning difficulties

– Contracts and framework agreements in place with councils in Lancashire and Yorkshire

– Operates from three offices in Lancashire and West Yorkshire

– Trading for over 20 years

Key highlights

  • Significant growth over the last two years from successful tendering of new contract work with a range of local councils
  • Recently extended the Roving Night support countywide across Lancashire
  • Developing a specialist offering of Extra Care housing, currently managing two schemes in Lancashire, with a third due to commence later in 2020
  • 12-month run rate once new contracts are fully operational show estimated turnover of £4.1 million, gross margin of 29.8% and adjusted EBITDA of £469k
  • Established infrastructure in place enabling the company to operate autonomously, with minimal input from shareholder
  • Extensive experience within the industry with strong relationships developed in both the public and private sectors
  • Loyal and dedicated workforce providing a stable and knowledgeable foundation for the business

Financial performance

Year ended 31 May2018 Actual £'0002019 Actual £'0002020 Forecast £'00012-month Run Rate £’000
Turnover2,6143,3033,6064,093
Gross profit6439921,0131,219
GP%24.6%30.0%28.1%29.8%
EBITDA94253248469
If you have any questions or would like to discuss the opportunity further, please get in touch using the button below.
Peter Kelly
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